Common use of Appraisal Criteria Clause in Contracts

Appraisal Criteria. The main factor in in assessing candidate schemes will be the extent to which they contribute to the targets detailed in the Regional Economic Strategy and their value for money, however, to make these assessments detailed information on those proposed schemes is required and will be developed by addressing the criteria detailed below. The City Deal provides an opportunity to continue tackling the area’s barriers to economic growth by: improving transport connectivity; increasing skill levels still further; supporting people into work; and giving businesses the support they need to innovate and grow. The City Deal therefore includes12:  Connecting the region;  Support for innovation and improving the digital network;  Developing a skilled workforce and tackling unemployment;  Supporting enterprise and business growth; and  Housing development and regeneration. In addition, the City Deal, over its lifetime, is expected to deliver up to 25,000 new jobs and leverage an additional £4 billion of private sector investment. All Candidate Schemes are required to demonstrate how they will contribute to one or more of these objectives, and others contained in the Regional Economic Strategy, and why the scheme is needed. The Growth and Competitiveness Commission have recommended that all Candidate Scheme should also demonstrate13:  Significant scale;  A positive impact on GVA;  A positive impact on jobs;  An impact beyond the local boundary area of where the investment takes place and does not displace activity within the city-region;  Alignment with the proposed Metro investment, including investment that can unlock benefits of the Metro and address access constraints; In addition, schemes need to demonstrate a quantifiable impact on at least two of the following:

Appraisal Criteria. The main factor in in assessing candidate schemes will be the extent to which they contribute to the targets detailed in the Regional Economic Strategy and their value for money, however, to make these assessments detailed information on those proposed schemes is required and will be developed by addressing the criteria detailed below. The City Deal provides an opportunity to continue tackling the area’s barriers to economic growth by: improving transport connectivity; increasing skill levels still further; supporting people into work; and giving businesses the support they need to innovate and grow. The City Deal therefore includes12:  ⮚ Connecting the region;  ⮚ Support for innovation and improving the digital network;  ⮚ Developing a skilled workforce and tackling unemployment;  ⮚ Supporting enterprise and business growth; and  ⮚ Housing development and regeneration. In addition, the City Deal, over its lifetime, is expected to deliver up to 25,000 new jobs and leverage an additional £4 billion of private sector investment. All Candidate Schemes are required to demonstrate how they will contribute to one or more of these objectives, and others contained in the Regional Economic Strategy, and why the scheme is needed. The Growth and Competitiveness Commission have recommended that all Candidate Scheme should also demonstrate13:  ❖ Significant scale;  ❖ A positive impact on GVA;  ❖ A positive impact on jobs;  ❖ An impact beyond the local boundary area of where the investment takes place and does not displace activity within the city-region;  ❖ Alignment with the proposed Metro investment, including investment that can unlock benefits of the Metro and address access constraints; In addition, schemes need to demonstrate a quantifiable impact on at least two of the following: